date:Jun 20, 2013
join forces with TwoPac in effective development of new products that can be manufactured at a reasonable cost.
TwoPac is profitable. If the company had been acquired at January 1, 2012, BioGaias earnings per share would have increased from SEK 3.52 to SEK 3.70 (excluding licence revenue from Nestl).
Per Hjalmarsson, the current President of TwoPac, will continue to manage the company.
The most important aspect of the acquisition is that it will give us unlimited access to TwoPacs product dev